Exploring the Worst Case Scenario: On Bankruptcy
December 7, 2022
Had a conversation recently with the CEO of a large MLS who desires anonymity. But who he is is unimportant since the topic is the
Articles filed under Real Estate
[VIP] Redfin 3Q22: Back to the Future
November 21, 2022
I have had to think about Redfin after Q3 of 2022. Redfin has been my favorite brokerage for years now for a few reasons. I
[VIP] 3Q22, Compass: Unique Value Proposition?
November 17, 2022
This will be, I think, relatively brief. Compass reported its Q3/2022 numbers and… well, it’s not good. That was expected since every real estate company
[VIP] Opendoor 3Q/22: I Can See Clearly Now
November 10, 2022
As most of you know, I am a big giant iBuyer bull, which means I am a big giant Opendoor bull. I am long OPEN
[VIP] Zillow 3Q22 Earnings: Lonesome Dove
November 9, 2022
Zillow reported its 3Q/22 results last week and it was one of the most anticipated earnings calls for people following the real estate industry,
BPP 2.0: Seven Questions
October 26, 2022
From RISMedia, we get some high-level concepts on what BPP 2.0 (Broker Public Portal) will look like. Or at least try to look like. According
Most Brokerages Have Zero Counter-Cyclical Hedge
October 24, 2022
This will be a quick one. Just had lunch with a friend and client who has been a broker for decades. We got to talking
Department of Labor Goes After Independent Contractors
October 19, 2022
As longtime readers know, I’ve been talking about the possibility of the 1099 exemption for real estate agents going away for quite a few years
How Will CMLS’s White Paper Argue Against RINRA?
October 11, 2022
I had heard that CMLS had retained two former DOJ and FTC attorneys to help them draft a white paper laying out all of the
